Practical compliance guides

Stock Audit · 6 min read

Stock Audit for Pvt Ltd, LLP, OPC, and Sole Proprietors: What Differs

Does Entity Type Change the Stock Audit?The lender's requirement does not change with your entity type. A bank financing stock will ordinari...

CACA Puja Pradhan · Aug 19

Stock Audit · 6 min read

Stock Audit for Pharmaceutical Companies: Batch Tracking, Expiry Dates and Cold Chain

Provisioning, Destruction and the EvidenceTwo distinct exercises get run together and should not be. Provisioning is an accounting judgement...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Scrap and Rework Stock: What Gets Written Off and What an Auditor Questions

Scrap and rework write-offs are easy to declare and hard to evidence. This explains what an auditor tests before accepting one in an engineering plant.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Stock Audit for Jewellery Businesses: Gold, Diamonds, Hallmarking and BIS Verification

What Makes a Jewellery Stock Audit DifferentJewellery inverts the usual relationship between volume and value: an entire showroom's stock ca...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Stock Audit in India 2026: Complete Guide for Businesses and Borrowers

What a Stock Audit Is and Who Needs OneA stock audit is an independent physical verification of inventory, carried out by someone who does n...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Stock Audit for Automotive Dealerships: Vehicle Stock, Spare Parts and Demo Cars

Verifying Vehicle Stock Against Lender RecordsA floor-plan audit verifies vehicles one by one against the list the financier has funded, mat...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Slow-Moving, Dead and Obsolete Stock: Accounting Treatment and Write-Off Rules in India

When Stock Stops Being Worth Its CostStock stops being worth its cost when what you could realise from selling it, less what it costs to sel...

CACA Puja Pradhan · Aug 19

Stock Audit · 6 min read

Quarterly Inventory Statement for Banks: How MSME Borrowers Should Prepare It

What a Quarterly Inventory Statement Has to ShowA quarterly inventory statement has to show the stock and the book debts your business held...

CACA Puja Pradhan · Aug 19

Stock Audit · 6 min read

Ind AS 2 vs ICDS-II: How Inventory Must Be Valued for Financial Reporting and Tax

Why Two Inventory Values Are Both CorrectThe same closing stock can legitimately carry two different values, one computed under Ind AS 2 for...

CACA Puja Pradhan · Aug 19

Stock Audit · 6 min read

GST Stock Reconciliation: How to Match Physical Inventory with GSTR-1 and GSTR-3B

Reconciling Physical Stock to GST ReturnsThree records describe the same movement of goods and they rarely agree: the stock on your floor, t...

CACA Sundaram Gupta · Aug 19

Stock Audit · 6 min read

Consignment Stock Verification: Counting Electronics You Do Not Own

Consignment stock sits in your warehouse and belongs to someone else. This explains how it is identified, counted separately and reported correctly.

CACA Sundram Gupta · Aug 19

Stock Audit · 6 min read

Fixed Asset Verification Report Format: Sections, Evidence and Sign-Off

A verification report needs scope, method, sample basis, exceptions and a sign-off. This walks through each section and the evidence that supports it.

CACA Sundram Gupta · Aug 19